Destinies shaped by belief. Post Graduate Programme in management, 2014-2015
Following the trail of conviction leads to transformation. There are believers, and there are cynics. The cynic looks at the glass as half empty. The believer just sees room for improvement. The cynic looks at the tides of recession and mourns its ebb. The believer unearths a million new opportunities in the sands. The cynic thinks about changing jobs. The believer thinks about changing the world. The cynic reads this and sees a management course. The believer reads this and sees a lifetime of learning. No matter what you believe in, we’d first like to know if you believe in yourself. Because the world has enough cynics already. Believers, this way please.
Contents
Dean’s Message
01
Wellsprings of Excellence
03
Learning Model
06
Faculty
09
Industry Interface
11
PGP Class Profile 2014
13
Student Clubs and Initiatives
15
Centres and Institutes
17
International Exchange Programmes
18
The ISB Alumni Network
20
Careers & Placements
32
Life at ISB
35
Admissions
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Dean’s message
You will learn to lead because ISB embodies leadership through synergy. Over a typical year, you will be exposed to some of the best minds from around the world - resident and visiting faculty, leaders from industry and government, and with other students. As you actively engage and debate in this melting pot of ideas, you will feel the bounds of your own thinking expand. You will learn to have faith in your abilities and the courage to take risks, for true leadership requires both. You will learn to make a difference along the way. I thank you for your interest in our programme, and wish Greetings!
you all the best.
You are at an inflection point in your career. Your decision to pursue a programme in Management is an important one, and demonstrates your desire to transform yourself. Quite apart from the obvious impetus in terms of success in your career, this is the first step towards becoming a leader.
Ajit Rangnekar
Our alumni over the years have often remarked that their
Dean
year at ISB was a truly transformational one. Why would they say so, you may ask? The year at ISB will allow you to learn, think, try, reflect and grow because the programme at ISB demands it of you. While you will expand your skills and knowledge, you will also be challenged into performing your best by students, who come from all over India and around the world. You will question your beliefs while strengthening your core values. 01
Post Graduate Programme in Management
Post Graduate Programme in Management The Post Graduate Programme in Management (PGP) is a one-year, full-time residential programme ideal for young working professionals. The programme provides diverse learning opportunities through interactions with global faculty, a highly qualified peer group, experiential learning, industry interventions, international exposure, and more. The pedagogy is designed to help you leverage your work and life experiences.
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Wellsprings of excellence: Hyderabad | Mohali Two Campuses, One Class
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Post Graduate Programme in Management
The PGP is concurrently delivered across ISB’s two campuses - Hyderabad and Mohali. The
Academic Associations that bring in the best of Global Management thinking into the ISB Curriculum.
School follows a unified process for admissions and placements. So you are assured of the same learning, career opportunities and alumni network, irrespective of which campus you study in. Both ISB is the first business school in South Asia to achieve
the campuses provide world class academic and residential facilities that help create a perfect
the prestigious AACSB Accreditation, which has been earned by less than 5% of the world’s business schools.
balance between the rigours of intense learning and an enriching campus life. During the programme, for those who wish to experience the other campus or take up electives being offered there, inter-campus exchange opportunities are available over the course of the year.
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Learning Model
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Core courses
• Global Economics
The programme comprises Core Courses and Elective Courses.
• Marketing Decision Making
Core courses are taught in the first four terms of the Post
• Corporate Finance
Graduate Programme in Management. Each term comprises
• Managerial Accounting and Decision Making
a full-time course load of 4-5 subjects. The core courses
• Operations Management
taught across all your terms at ISB include the basics of
• Management of Organisations
Finance, Strategy, Marketing, Operations and Organisational Behaviour. These courses are taught by outstanding resident faculty and visiting faculty selected from renowned business schools around the world. The Core Courses include: • Financial Accounting and Decision Making • Marketing Management • Managerial Economics • Statistical Methods for Management Decisions
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Specialisations and Electives* ISB offers around 80 electives that help students build on their interests. During the last four terms, students can opt to take 16 to 19 elective credits. Registration for courses is through a bidding process. Courses are combined to offer students the following six concentrations or majors:
• Competitive Strategy
Entrepreneurship, Finance, Information and Technology
• Decision Models and Optimisation
Management, Operations Management, Marketing,
Post Graduate Programme in Management
Strategy & Leadership, Healthcare and Manufacturing.
Independent Study (INDS)
Certain popular elective courses may be offered in more
The Independent Study course allows you to explore
than one term.
areas of interest that may not be covered in the
Practicum courses
curriculum. You have the option of working on
Apart from regular classroom learning, the curriculum integrates a large amount of applied learning in the form of
an independent study project with another peer under the guidance of a faculty member.
practicum courses. Therefore you start applying what you are
Faculty Initiated Research Project (FIRP)
taught, even as you learn. The Post Graduate Programme is
The faculty members involve students in their research,
supported by the following learning interventions:
which provides significant mutual learning opportunities.
Leadership Development Programme (LDP) LDP helps you develop your own style of leadership. It catalyses individual growth through a three-fold
Such research projects are designed and supervised by the faculty, and you are expected to complete the project within the stipulated time.
approach of self-reflection, peer evaluation and facilitator intervention.
*Curriculum Review Experiential Learning Programme (ELP) The ELP allows you to work on real world business issues through live projects offered by companies
The ISB periodically reviews its curriculum to update it for cutting-edge management thought,
and organisations. It enables you to apply your learning
pedagogy, student and industry needs. The
outside the classroom setting and gain new perspectives
curriculum to be offered for class joining in
on business.
2014 will have greater depth in specialisations,
Planning an Entrepreneurial Venture (PaEV) The PaEV offers you guidance on how to set up your
by making certain electives for each area of specialisation mandatory. For instance,
own enterprise. Through this elective, you will get
a student intending to specialise in Marketing
an exciting introduction to the process and practice
will have to take a pre-designated mandatory
of entrepreneurship and new venture creation.
elective in Marketing. The student is then free
Wharton Global Consulting Practicum (WGCP)
to choose other subjects in that area to satisfy
WGCP is a cross-functional, globally oriented programme
the requirement of credits to qualify for a
that exposes you to the problems of international business
specialisation in that area. The overall course
and equips you with consulting skills. With WGCP,
structure incorporating this change will be
students from Wharton and the ISB jointly help US
finalised by early August 2013.
and Indian companies enter or enhance their positions in the North American or Indian markets. Post Graduate Programme in Management
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Faculty: The best minds from across the world The ISB’s unique portfolio faculty model brings together
It also brings many research scholars from around
a strong team of resident faculty and international faculty
the world on long-term sabbaticals.
from leading B-Schools around the world. The resident faculty at the school are actively involved in academic as well as industry-related research. This gives you an insight into emerging trends in business focused on new economies. The school also plays host to faculty from renowned schools such as Wharton, Kellogg, London Business School, Cornell, Duke and UCLA, amongst others.
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Staying on campus with students, the faculty spends considerable time shaping business perspectives directly, like involving students in academic projects, or indirectly, like engaging students in business discussions well after classroom hours.
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Industry Interface
The ISB regularly invites eminent
Adi Godrej, Godrej Group
Piyush Pandey, O&M
business leaders, professionals and
Daniel Vasella, Novartis
Raghuram Rajan, IMF
David Fischer, Facebook
Rajendra Pawar, NIIT
George Soros, Soros Fund
Ranjit Shahani, Novartis India
Management
Ratan Tata, Tata Group
Inspirational encounters with eminent
Habil Khorakiwala, Wockhardt
RC Bhargava, Maruti Suzuki India
personalities have proved to be
Kiran Mazumdar Shaw, Biocon
Sanjay Nayar, KKR & Co
enriching experiences for many
Kishore Biyani, Future Group
D Shivakumar, Nokia
Lakshmi Narayanan, Cognizant
D Subbarao, Reserve Bank of India
Lloyd Blankfein, Goldman Sachs
Sunil Kant Munjal, Hero MotoCorp
Sir Martin Sorrell, WPP Group
Thomas L Friedman
Michael Dell, Dell
Vinod Khosla, Khosla Ventures
thought leaders including several Heads of State and international leaders to share their insights and experiences with students.
aspiring business leaders. Some of the speakers who have visited the ISB over the years are:
Jeffrey Sachs, The Earth Institute
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PGP Class Profile 2014
Learn from the rich experience around you The learning that you gain from peer interactions is as important as what you gain in the classroom. Having a diverse peer group on campus exposes you to different cultures, ideas, and perspectives. ISB’s admissions process is designed to build a student body composed of professionals from different backgrounds in terms of educational qualification, work experience, industry exposure, functional expertise, and other such traits.
Study groups During the course of the programme, students are expected to work on several group assignments and projects. While some groups are self-selected, many are assigned by the school or faculty. This is done to ensure that each study group has a mix of students from diverse backgrounds and opinions which push the boundaries of your thinking and force you to enhance your collaborative skills.
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2% Advtg / Media / Comm 2% High Tech Electronics
12% Others
2% Infra / Construction
17% IT / ITES 17% Consulting
2% Pharma / Biotech / Healthcare 3% Engineering 4% FMCG / Retail
Industry distribution: 5% Govt / PSUs / NGOs / Forces
Hyderabad
5% Telecom
9% Oil / Energy
7% Manufacturing 13% Banking / Finance
3% Advtg / Media / Comm 4% Engineering
8% Others
4% Govt / PSUs / NGOs / Forces
21% IT / ITES
5% Pharma / Biotech / Healthcare 5% Telecom
Industry distribution: Mohali 6% FMCG / Retail 7% Manufacturing
15% Consulting 11% Oil / Energy
11% Banking / Finance
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Student Clubs
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Professional Clubs
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Maximise on your interest areas
• Healthcare Club
Student clubs are an important part of the learning
• Marketing Club
and cultural environment at ISB. Formed by functional
• Media Club
or industry interest areas, and driven by the students
• Net Impact Club
themselves, the clubs help you stay in touch with developments in those areas. Being a part of the clubs also gives you opportunities to engage and interact with industry leaders during the several sessions organised as part of the club mandate. ISB currently has the following professional clubs: • Business Technology Club
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Social Clubs
• Srei Infrastructure Club • Retail Club • Women in Business Club In addition to the professional clubs, ISB is also home to many social, sports and hobby clubs through which students schedule their meets and events all through the year.
• Consulting Club
• Arts & Creativity Club
• Emerging Markets Club
• Dance Club
• Energy, Manufacturing & Operations Club
• Music Club
• Entrepreneurship & VC Club
• Photography Club
• Finance Club
• Sports Club
• General Management Club
• Toastmasters Club
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Student Initiatives
The world is your stage
• Social Responsibility Conclave
There are several initiatives at the ISB that help students
• Media Conclave
pursue professional and personal interests through events,
• General Management Conclave
workshops and interactions on diverse subjects. Students
• Hospitality Conference
also participate in several national and international
• Retail Conclave
B-School events, with many winning business plan
• Entrepreneurship and Venture Capital Conclave
competitions across the globe. The following events are
• Business Technology Club Conclave
organised by various student bodies on campus, and have
• Energy Conclave
been popular across classes:
• Real Estate and Infrastructure Summit
• Ikshaa - Marketing Summit
• Women in Business Conclave
• Healthcare and Pharma Conclave
• ISB Leadership Summit
• Mercado - Retail Conclave • Artha - ISB Annual Finance Conclave • Capital Markets and Private Equity Conference • Talent Management Conclave
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Centres and Institutes
The Centres of Excellence and Institutes at the ISB serve
• Centre for Investment (CI)
as a bridge between the industry and academia. They are
• Centre for Leadership, Innovation, and Change (CLIC)
involved in education, research and outreach activities
• Indu Centre for Real Estate and Infrastructure (ICREI)
to promote knowledge creation and dissemination. Often,
• Srini Raju Centre for Information Technology
students are involved in organising events like seminars,
and the Networked Economy (SRITNE)
conferences and industry leader visits in conjunction with
• Centre for Teaching, Learning, and Case
the Centres. This helps them get an insider’s perspective
Development (CTLC) • Wadhwani Centre for Entrepreneurship
into the area the Centre is dedicated to. Apart from the Centres, the ISB has set up dedicated Institutes at the Mohali campus. In addition to conducting research and outreach activities, these Institutes also offer a specialisation in the PGP. So you can opt to take up a dual specialisation, such as Finance and Healthcare, or Manufacturing and Strategy, as part of your programme.
Development (WCED) • Family Business and Wealth Management
Institutes • Bharti Institute of Public Policy • Max Institute of Healthcare Management • Munjal Global Manufacturing Institute • Punj Lloyd Institute of Infrastructure Management
Centres of Excellence • Centre for Analytical Finance (CAF) • Centre for Emerging Markets Solutions (CEMS)
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Centres of Excellence
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4 Institutes
International Exchange Programmes
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Exchange Schools
19 Countries
Global businesses need managers who possess the tools required to succeed in a fast changing global Scenario: leadership skills, cultural awareness and an understanding of how the global marketplace functions. ISB prepares you to meet these demands with the help of the Inbound and Outbound Exchange Programmes, built on a network of 42 leading schools from 19 countires.
Some of the leading B-Schools in ISB’s exchange
• NUS Business School, National University of Singapore, Singapore • Pontifical Catholic University of Chile (PUC) • Queen’s School of Business, Queen’s University, Canada • Rotterdam School of Management, Erasmus University, Netherlands
network include:
• The Fletcher School, Tufts University, USA
• Bocconi University (MSc), Italy
• The Leon Recanati Graduate School of Business,
• China Europe International Business School (CEIBS) • ESADE Business School, Spain • Haas School of Business, University of California, Berkeley • Kellogg School of Management, Northwestern University, USA • London Business School, UK
Tel Aviv University, Israel • The Wharton School, University of Pennsylvania, USA • University of Cape Town Graduate School of Business, South Africa • University of St.Gallen, Switzerland • WHU - Otto Beisheim School of Management, Germany
• Melbourne Business School, University of Melbourne, Australia Post Graduate Programme in Management
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United by purpose: The ISB Alumni Network
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Your network around the world The ISB brand is now represented by a network of 5200+ accomplished alumni working in leading companies, government and non-profits spread across 32 countries worldwide. Over 350 alumni are running their ventures. The school actively supports the development of its alumni through lifelong learning programmes combined with career development and other activities. The alumni too take an active interest in the school and lend their time and resources to participate in various school initiatives, including admission interviews, mentoring students, providing scholarship opportunities, and more.
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5200 + 32 350 Alumni Countries Entrepreneurs
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Kedar Lele was in a responsible position at Monster.com when he decided he wanted more. Just being a Brand Manager was not enough. He realised that he lacked critical knowledge in advance marketing, operations management, leadership and change management, which could only be gained by attending a business school. Kedar’s search led him to ISB, its one-year programme, a strong network of friends and international faculty lured him. Kedar believes ISB equips students with a toolkit that helps them overcome the relentless challenges in their careers. The well-structured curriculum, with its use of
“I have grown as a person post ISB. Working in a team with a set of outstanding people who are mature yet competitive, brainy yet sensitive and result-driven yet collaborative teaches you a lot about leading teams, resolving conflicts and delivering results. I also learnt a lot about subjects and aspects of business that were obscure to me, and that has made me a better professional.”
case studies, the valuable interactions with peers from diverse industries and the exchanges with experienced industrialists have helped him in his career post ISB. Even
Kedar Lele (Class of 2004) General Manager, Hindustan Unilever Ltd
now Kedar sometimes flips through his class notes to find answers to some of the puzzling questions at work. And as Head-Sales and Customer Development, Eastern region at India’s largest FMCG company, Hindustan Unilever
grateful to have received training in this art of juggling
Ltd, he encounters many a challenge. From leading a
while at school, where he studied, participated in activities
dispersed team towards a larger regional goal to customer
and worked on projects, mastering the balance between
management and category development, there are many
the competitive spirit and collaborative attitude. For
complexities but Kedar credits his learning at the PGP,
Kedar, this experience stretched him both personally
especially the leadership and change management courses,
and professionally, preparing him for a career where he
for laying a strong foundation on which he relies during
was ready to navigate the complexities with calm and
times of decision making. Eventually what he learned on
assuredness that a year at PGP can bring about.
campus created the basis of his leadership style. As Kedar juggles his different roles every day, he is 23
Post Graduate Programme in Management
Keisuke Matsumoto, a young Japanese monk in a land of over 70,000 Buddhist temples, was seeking answers. He noticed that the temples were forlorn and even the few people that visited only came for ceremonial rituals. The temples also seemed to be contributing very little to the society. He was overcome with a question: How could he make Buddhist temples more relevant to the society such that more people visited them? He realised that he needed to update their management methods to meet modern needs. This led him to ISB.
“I know businesses are for profit and temples are not , but regardless of the organisation’s nature, mission is the most fundamental. My one year at ISB is helping me to revitalise the Buddhist temples and local communities in Japan.” Keisuke Matsumoto (Class of 2011) Director, Komyoji Temple, Tokyo
He knew he had to visit India, the land of the birth of Buddhism and in India, there was no question of studying management anywhere else. He arrived at the campus
one of the most popular web magazines about Buddhism
with his family and for the rest of the year he immersed
in Japan; a school for future monks, where they learn how
himself in his studies. Irrespective of the field of work, a
to manage their temples; and a non-profit organisation,
strong foundation in management techniques would help
Oteranomirai(Japan Fellowship of Buddhists), that seeks
him with his goal, he felt. He was right. Courses such as
to “connect Buddhist monks with people, and maximise
marketing changed his perspective and opened his eyes
the potential of Buddhism in society as the art of life.”
to a customer-centred view that he felt was lacking in the
He was recognised for his efforts by the World Economic
conservative temples. Finding a balance between his duties
Forum and nominated as a Young Global Leader.
as a monk and a student, he still managed to study well and make many friends at ISB. Keisuke has spearheaded several other initiatives, all aimed at increasing Buddhism’s appeal to a wider and younger audience: a café designed to attract youth to temples; an online Buddhist website, Higanji, that is now Post Graduate Programme in Management
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“I have always believed that if you do your job very well, money and fame will follow. So I never really thought about making money but I always thought about making a difference. I am a very proud Indian and I always wanted to do something for the country, something that would make people happy.” Viren Wilfred Rasquinha (Class of 2009) CEO, Olympic Gold Quest
Viren Wilfred Rasquinha has taken whatever life gave him
provide athletes with the best possible support in terms
and turned it into gold – with some help along the way.
of coaches, training facilities, medical support, nutrition
At 16, as he watched a tear roll off Leander Paes’s cheek when he won the Olympic bronze, Viren found his calling – he had to bring home the gold. He worked toward that dream with much gusto. Forgoing parties, he would wake up at dawn and train to get better at his chosen sport – hockey. After years of effort and dedication, there was
he helped build OGQ from scratch. From an organisation with no funds and no office space, OGQ is now a respected organisation with Rs 4 crore in funds and many athletes in its roster. Finally, an institution was built and India’s hopes for Olympic medals brightened.
a breakthrough. At 24, he captained the Indian hockey
Viren has also received the Arjuna Award for Hockey
team post the Athens Olympics, and much later in 2012
from President APJ Abdul Kalam in 2005, which is one
when India won the most Olympic medals ever, Viren had
of the highest honours bestowed by the Government
a special reason to celebrate. He had been quietly but
of India on sportspersons.
furiously working with the athletes, who were trained, guided and supported by his company, Olympic Gold Quest. But all this was not planned. Viren had retired his hockey stick and had arrived at ISB to embark on a simple corporate life but as it often happens at ISB, life had alternate plans. When some of India’s finest sportsmen Badminton legend Prakash Padukone and nine time world cue sports champion Geet Sethi - approached him with an idea, a concept for a not-for-profit institution that can help India win Olympic medals, he believed in the mission and bought into the idea, however audacious it sounded. His love for sports combined with his newly-acquired managerial skill landed him a role that was tailor made for him – CEO, Olympic Gold Quest. The company works to 25
and equipment. Leaning into his learning from ISB,
Post Graduate Programme in Management
“It was in ISB that the idea and confidence to make a career shift struck me. I was able to introspect and find the right kind of profile that suited my personality, skill and acumen.” Sipika Singh (Class of 2004) Marketing Director, ASEAN, Johnson & Johnson Medical
Change has been the only constant in Sipika’s life. After having lived in Zambia, Muscat, Mussoorie and Delhi, when Sipika chose ISB above other reputed American business schools, there were some murmurs. But Sipika arrived at ISB with a simple plan. She aspired for a better role in consulting, a familiar field, but then something unexpected happened. PGP cut loose a plethora of opportunities that she did not realise existed prior
Thanks to her grounding at ISB, she was prepared to meet new challenges. At a time when the world is looking towards Asia for answers, Sipika was ready to move and well prepared to take on additional responsibilities. She feels content in her career. As Franchise Director in Johnson & Johnson, ASEAN, she gets immense satisfaction and a sense of fulfilment from the difference her work makes in the lives of patients.
to her ISB experience. So, she did what she was really
Being in a leadership position as a woman can have
good at. She grabbed for the opportunity. She changed
additional challenges but she has been focused and
her industry from consulting to marketing, her function
driven despite the challenges. ISB’s diverse class and
from finance to healthcare and her location from India
opportunities for women to build a strong foundation in
to Switzerland. And along the way she married her peer,
business skills have moulded her into a leader that we can
Abhishek Pandey.
look forward to in future.
Sipika’s life was never quite the same. ISB led Sipika to the opportunities that have transformed her life. She credits the programme and her class of talented peers for giving her the motivation to look for challenging opportunities and the confidence to tackle them successfully. When her first job off campus led her to Switzerland, she counted on the alumni for assistance and they responded. Since then she has moved three countries and has always found a network of alumni willing to offer support and guidance. Professionally, her growth trajectory has been phenomenal. By accepting new challenges and looking at them as growth opportunities, her career has progressed. Post Graduate Programme in Management
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“ISB has been very important to me. As a foreigner, my understanding of India has been forged through my experiences at ISB. I would not be where I am today if it had not been for ISB.” Thomas Raymond Hyland (Class of 2010) Co-Founder & Partner, Aspada Investment Advisors
By the time Tom joined ISB, he knew India better than
and entrepreneurship, to working with centres involved
anyone else in his class room.
in emerging markets, he learned all that he could. He
From interior Assam to Kanyakumari, he had travelled through the length and breadth of the nation in sleeper trains and experienced an India, foreign to most city dwellers. His journey had begun on a whim. Quitting a well-payed job, he set out to experience the continent that had captured the world’s imagination in recent times. Nine months later, he returned to the US but when he still couldn’t shake India from his thoughts, he decided to return. But this time he had a goal: he wanted an education in management from a world class institute in India. He did not think twice before joining ISB. From the infrastructure to the faculty, he connected with the global
and had long discussions on the nuances in the Indian finance system with the faculty. This knowledge helped him in his career later when he had to navigate the intricacies of the financial system. Nothing about the country was alien to him and even if he had questions in topics such as agribusiness or the medical field in which he had little expertise, he knew he could reach out to the many successful ISB alumni in that area. This reassurance boosted his confidence and he pursued his career unrestrained and unrestricted by fears of the risks involved.
flavour of the school, convinced that this was the perfect
As Co-Founder and Partner at Aspada Investment
place for international students.
Advisors, Tom has achieved the goal that led him
His career objective was to remain in the finance sector while also working in the social sphere. Having observed India closely, he was aware of the challenges that majority of Indians still face – whether it is regarding finding affordable medical treatment or solutions to agricultural problems. He believed that through his experience in the finance sector he could make a difference in the lives of ordinary Indians. Luckily for him, he found that he could combine his two passions at ISB and also get invaluable advice from experts in this niche area that eventually led to his future job. While at ISB, Tom spent his year wisely, increasing his knowledge in all aspects of the finance-social sector area. From taking courses in rural marketing, finance 27
met industrialists who visited the campus routinely
Post Graduate Programme in Management
to ISB, of working in venture capital investments in underserved markets. At Aspada, Tom oversees the company’s early-stage investment forays in agriculture, healthcare and education – sectors vital to the nation’s progress.Tom believes he has the best job in the world, one that takes him to India’s interiors in the mode of transportation that he enjoys most – trains.
“My biases before ISB were driven by my past experience. At ISB I realised several other dimensions of evaluating the same situation. That transformed my way of thinking. I took into account a lot more lenses to view problems/ situations/ people than I used to previously.” Ankur Warikoo (Class of 2006) Head of APAC Emerging Marketing, Groupon
Ankur Warikoo from the PGP Class of 2006 and co-founder
him. Be it from the faculty, the talented peer group or from
of Accentium Web is a strong believer in the digital future.
visiting industrialists. He had found peers that mirrored his
Ankur, currently the Head of Groupon Emerging Markets
aspirations and this increased his motivation to succeed in
(India, Thailand, Indonesia and Philippines) co-founded
his goal of starting something anew. Ankur was prepared.
Accentium Web (total of six ventures including Taaza.com,
His way of thinking about problems had been transformed.
Gaadi.com, and SecondShaadi.com) along with his friends
With sharpened analytical skills and the ability to think
from ISB.
through problems from different perspectives, he proved
Ankur entered ISB with an eclectic background – a bit of physics, some astrophysics and a stint as a consultant.
his naysayers wrong. Post his exit from Accentium, an opportunity to lead Groupon in India arose and it was natural that he accepted. He had learned that when
In a year at ISB, he learned far more than he had
opportunities presented themselves, you grabbed them.
envisaged. He learned that he could take risks and still
At Groupon, he was called upon to build not just the
emerge successful, that he could hold his own amid a sea
company’s India chapter but the whole category since
of talented and opinionated professionals, and that he had
the country was still unfamiliar with the concept of local
a safety net in his class of well-qualified peers to assist
deals. Leaning into his learning of frameworks at school,
him if it was required.
he has hurled himself headlong into dealing with these
So armed with confidence and knowledge gained from the PGP, he set out to make connections through Internet portals. He, along with his peers at ISB, pooled ideas
challenges and achieving success, one deal at a time. Today he applies those frameworks not just in the Indian environment but also diverse markets in South-East Asia.
to build websites that connected people – with each other, with affordable vehicles, and with educational options. It was not easy. He found it hard to convince people that dreams matter and that pursuing his dream was worthwhile even as he quit his high-paying job as a consultant. But a lot had happened in a year at ISB. His confidence was strengthened. His knowledge in the basics of business was also strengthened. He learned by observing and absorbing all the ideas that floated around Post Graduate Programme in Management
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“ISB provides you with the confidence to meet any challenge. Surviving the one year program itself, undertaking various activities and soaking in academically, prepares you to meet any challenge.” Aarthi Ramesh (Class of 2003) Director, Business Development & Operations, APAC Cognizant Technology Solutions
Aarthi joined Siemens Communications as a campus recruit from REC, Trichy. Her work involved system programming and learning all that is to learn in latest technologies. She then moved to the US to join an e-business consulting firm where her role involved implementing e-business solutions for customers. The global economic slowdown made her re-examine her career as she witnessed fundamental changes in the dynamics of her business, with offshoring companies creating greater value for customers. That was when she decided to change tracks from software development to the business side of things. ISB was her natural choice when she thought of pursuing a management course from India. Aarthi recalls entering ISB with some trepidation, meeting highly talented and accomplished professionals from all walks of life as her peers. But her grit and focus saw her end the year on a glorious note with her topping the class as the ‘Scholar of Excellence’. Currently, Aarthi works at Cognizant as the Director of business development and operations for the APAC region. A dreamer at heart, Aarthi enjoys creating and narrating bedtime stories for her kids. She silently nurses the dream of writing a volume of children’s stories some day. Knowing her, she certainly will.
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Careers: Guiding you to make the right moves
The ISB over the years has had an enviable record of facilitating meaningful careers for its students, particularly as a pioneer of the concept of lateral placements in India.
Career Shifts A career shift is characterised by movement across the function, domain or industry you belonged to prior to the ISB. You need to acquire the skills and knowledge required to succeed in the new role. Based on your career goals regarding function, role, and industry, the L&D (Learning & Development) team suggests a course of action which could involve a set of electives, or a project which could enhance your prospects of securing a position/role of your choice.
Career Progression Career progression require you to take up greater responsibilities within your domain or industry and demonstrate integrative cross-functional / general
the opportunities that are best suited to help you
management skills. The L&D team helps you analyse
get ahead in your chosen career.
your career objectives based on your profile and presents
Entrepreneurship & Family Business The school, through its various initiatives, supports and mentors aspiring entrepreneurs and students from family business backgrounds in many ways – from helping them evaluate ideas, develop business plans or support through implementation. It facilitates interactions with venture capitalists, technology providers, enterprise-promoting agencies, commercial banks, etc. and helps students lay the foundation for establishing or growing their enterprises. The Wadhwani Centre for Entrepreneurship Development (WCED) also runs an incubation programme called the Entrepreneurship Development Initiative (EDI), which provides mentoring and financial support to students’ entrepreneurial efforts. Post Graduate Programme in Management
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Placements 2013
2% Oil / Energy / Petroleum / Minerals 3% Advtg / Media / Comm / PR / Entertainment
9% Others
4% Manfacturing 4% Infrastructure / Construction / Real Estate 4% FMCG / Retail / Consumer Durables
7% Pharma / Biotech / Healthcare / Hospitals
Offers
9% Banks / Financial Institutions
by Industry
37% IT / ITES 21% Consulting
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Post Graduate Programme in Management
2% Product Development 3% Technology
13% Others
4% Project Mangagement 4% Analytics 27% Consulting 21% Sales & Marketing 7% Operations 7% Finance
Offers by Function
12% General management / Strategic Planning
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Life at ISB The School lays great emphasis on the quality of life on
opportunities both on and off campus for your spouse to
campus. The Student Villages at both the Hyderabad and
organising cultural initiatives, SFA has a wide range of
Mohali campuses provide world class accommodation and
activities. Events on festivals and holidays are also largely
recreational facilities that help you unwind after a hard
organised by the SFA, thus creating a family culture on
day’s work. Many students also opt to have their families
campus.
on campus for the entire duration of the programme.
Daycare centre on campus Facilities at the ISB campuses include:
The ISB has engaged professionals to set up a Day-care
• Fully furnished accommodation
centre is located within the Student Village, and is easily
• Professional housekeeping and laundry services
accessible to the families residing on campus.
• Recreation facility with swimming pool
• Playgroup and daycare programmes
• Football / cricket ground
• Caters to children from 3 months to 12 years old
• Courts for squash, tennis, basketball and other
• Safe and healthy ambience
centre on campus for the benefit of the community. The
• Regular open house for parents and grandparents
sports
• Medical insurance and periodic health check-up
• Dining rooms • Transport facilities which shuttle between the city and the campus • Emergency services • Postal and courier services • Convenience store • Bookstore for text books, periodicals, magazines, novels and stationery • Bank extension counter and a 24-hour ATM facility • Documentation centre for printing and
photocopying • Travel desk for ticket reservation services on a
chargeable basis • Wellness centre • Daycare centre • Children’s play area
Spouse and Family Association (SFA) The Spouse and Family Association (SFA ) provides social and professional opportunities for your family while you engage in your academic pursuits. From exploring job 35
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36
Admissions The ISB follows a unified admissions process for entry into the two campuses, at Hyderabad and at Mohali. We admit students from a variety of backgrounds, nationalities, education and experience, to promote a vibrant and diverse learning experience. Leadership qualities, ability to work in a team, academic credentials and intellectual prowess are mandatories. To be eligible for admission, you must meet the following requirements: • A bachelor’s degree in any discipline • GMAT scores that fulfill validity criteria during the time of admission • Prior Work Experience. However, there is no minimum or maximum work experience required to apply to PGP. In case you are a fresh graduate or have less than 2 years of work experience, you can apply through
interview. Interviews will take place between October and November for the first cycle and between December and February for the second cycle.
the Early Entry Option. A deferred admission may
Interviews
be offered to such applicants, contingent upon the
A panel of ISB representatives will conduct personal
candidate completing 24 months of work experience
interviews in Delhi, Kolkata and Hyderabad only.
at the time of joining the programme.
Overseas applicants will have a telephone interview
• TOEFL / IELTS, only if the medium of instruction
or can opt to visit the campus for the interview in person.
The panel recommends candidates for admittance based
during undergraduate education was not English
Shortlisting
on the interview.
If you meet these basic requirements, then you must
Decision
submit an online application that includes essays,
A decision will be taken after all the interviews are
recommendation letters and official transcripts. All of these
conducted. An admission offer will be made to applicants
are evaluated and shortlisted candidates are called for an
who are accepted into the programme.
Acceptance Admitted students will be given 15 days to accept or decline the offer. On accepting the offer, an admission fee of INR 2,00,000 (INR 5,00,000 for those offered corporate sponsorship) has to be remitted. This fee is non-refundable.
Course Commencement The programme for the PGP Class of 2015 begins in April 2014. 37
Post Graduate Programme in Management
Admissions Calendar
Cycle 1
Cycle 2 Early Entry Option
Application Deadline September 15, 2013 November 30, 2013 Offer Decision November 15, 2013 Offer Acceptance
January 15, 2014
February 15, 2014 March 31, 2014
Within two weeks of receiving an offer
International applicants follow a rolling admissions cycle and the application deadline is January 15, 2014.
Fee Structure Particulars Amount in Indian Rupees Shared Studio Accommodation Accommodation Admission Fee - non refundable
2,00,000
2,00,000
17,44,000
17,44,000
1,68,000
2,79,000
3,000
3,000
21,15,000
22,26,000
2,61,414
2,75,134
23,76,414
25,01,134
ISB Alumni Association Membership Fee
7,000
7,000
Interest free Refundable Security Deposit
15,000
15,000
23,98,414
25,23,134
Tuition Fees - Payable on or before the date of registration Living Fees (Indicative) Onetime fee for ISB Alumni for use of ISB Library & Recreation Centre Total Fees Add: Service Tax at prevailing rate (Present rate 12.36%) Total Fees
Total Payable
Early Entry Option • Amount payable at the time of admission: 1 Lakh INR + service tax • Amount payable 6 months prior to joining the programe: 1 Lakh INR + service tax • Tuition fee payable will be as applicable as per the year of joining the programme
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Scholarships
Medical Insurance
The ISB, in conjunction with several companies and
Premium for Group Medical Insurance for Students and
organisations, offers multiple merit and need-based
their dependents at campus is mandatory and has to be
scholarships to deserving candidates.
paid in addition to other fees and charges at the time
• Nearly 15% of the students benefit from scholarships
of registration. The premium will depend on the age
and number of dependents. Please check the Medical
ranging from INR 5,00,000 to INR 10,00,000.
• Students who aspire to start their own ventures can
get support through the ‘Develop India’ scholarship
• Several organisations such as Citi Foundation, Novartis, Phoenix Fund, Societe Generale, IBF, Talentia, La Caixa and Casa Asia provide a wide
array of merit and need-based scholarships
• Students with a CTC less than INR 10 lakhs
per annum are eligible for the Diversity Scholarship.
This scholarship is open to students from the
following sectors and academic background:
Humanities / Literature / Medical / Healthcare /
Architecture / Advertising / Media / Entertainment / Economics.
Loans The ISB has signed loan agreements with leading banks/ institutions to provide loans that cover almost 100% of the programme fee. These loans are customised for the students of ISB and usually do not require any collateral. • Educational loan covers tuition fees, living expenses,
food, laptop and books
• Loans are offered at customised interest rates • No processing or pre-payment charges • Over 70% of the ISB students have taken educational
loans from banks in the past
Bank Account It is mandatory to open an account with ICICI Bank/SBI to facilitate transactions with the ISB. Please open an SB account with branch on campus on the day of registration, if you do not have an account with them (at any other branch) already. 39
Post Graduate Programme in Management
Insurance section for details.
Other Estimated Expenses for PGP 2014-15 per Student S.No Particulars Approximate Amount
in Indian Rupees
1
Books
20,000
2
Laptop
50,000
3 Meal Plans
100,000 Total: 170,000
Note:
as applicable on the total fee as and when payable
• It is mandatory to live on campus.
by you and remit the same to the Government
• The amounts payable to ISB are fixed in INR. Payments may be made in any other currency but the amount realised in INR by the School must be equal to the amounts fixed in INR. • Service Tax: The effect of the amendment brought about by the Finance Act 2010 to Section 65 (105) (zzc) of the Finance Act, 1994 is presently before the Customs Excise and Service Tax Appellate Tribunal (CESTAT ). ISB has always maintained that the said section does not apply to the “educational” programmes of ISB. However Service Tax Department
Account under protest and without prejudice to ISB’s rights and contentions in Law. In the event of the said matter ultimately getting resolved in favour of ISB, the ISB will provide you with necessary information to you so as to assist you to obtain refund from the Government. • Tuition fees cover course packs provided but certain courses require mandatory text books over and above the study material supplied by ISB. • Expenses pertaining to food are approximate
is of the view that Service Tax is applicable on the fees
and actuals will depend on the consumption
charged to the students by ISB. As per the advice of
and the cost will be billed to you on a monthly
our legal counsels, to mitigate the risks associated
basis. The residential facilities have kitchens
with this levy, ISB will be collecting the Service tax
for people who would like to cook.
Disclaimer: This brochure is only for the purpose of providing information to the reader on the ISB’s PGP Programme. ISB reserves the right to change and modify these details at any time. The brochure does not result in any binding contract between the ISB and the reader.
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Indian School of Business Hyderabad Campus: Gachibowli, Hyderabad - 500 032. Mohali Campus: Knowledge City, Sector 81, SAS Nagar, Mohali - 140 306. Ph: +91 40 2318 7474/84/94, Toll free : 1800 103 3234 E-mail:
[email protected], Web: www.isb.edu/pgp www.facebook.com/ISBadmissions
www.twitter.com/ISB_PGP
